ReutersApr 28, 2021 02:17:44 IST
(Reuters) – Google parent Alphabet Inc beat analysts’ estimates for quarterly revenue on Tuesday, as the internet’s biggest supplier of search and video ads benefited from a rebound in ad spending.
Revenue rose to $55.31 billion in the first quarter from $41.16 billion a year earlier.
Analysts had expected revenue of $51.70 billion, according to IBES data from Refinitiv.
(Reporting by Subrat Patnaik in Bengaluru and Paresh Dave in Oakland, Calif.; Editing by Devika Syamnath)
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